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Gary Schall Speaks at Startup Boston Week 2026, covered in Boston Business Journal

September 21, 2026

Gary Schall, co-head of Arnold & Porter’s Emerging Companies & Venture Capital practice, was featured in the recent Boston Business Journal article, “A $50M valuation doesn’t guarantee a payday, Startup Week panel warns,” which examined why a startup’s on-paper valuation often does not translate into what a founder actually receives at exit.

The article covered the Startup Week Boston 2026 session titled “Your Startup Is Valued at Millions. So Why Aren’t You Rich?” during which Gary explained that investors who agree to a higher valuation typically negotiate additional protections in return, such as anti-dilution provisions and other contractual rights governing who gets paid first when a company is sold. He noted that those terms, more than the valuation itself, often determine what a founder ultimately receives when the company exits.

Gary also urged founders to vet prospective investors as closely as investors vet them, noting that a venture relationship can last years and that an investor’s approach matters as much as the capital provided.

Read the full article (subscription required).